Civic Intelligence

Highlands Economic Development and Tourism Corp

990EZ • Fiscal year 2017 • EIN 46-2342112

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 25, 2018

Organization ProfileWWW.NJHEAT.ORG
126 Airport RoadWest Milford, NJ 07480

(201) 891-5668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

24th percentile

-14%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$5,573

Down $943 (-14%) from 2016

Net Assets

$5,573

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin20th percentile

Revenue

Down

$6,884

Down $1,392 (-17%) from 2016

Expenses

Up

$7,827

Up $2,789 (+55%) from 2016

Net Income

Down

-$943

Down $4,181 (-129%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $570Liabilities 2014: $02014Assets 2015: $3,278Liabilities 2015: $02015Assets 2016: $6,516Liabilities 2016: $02016Assets 2017: $5,573Net Assets 2017: $5,5732017Assets 2018: $520Net Assets 2018: $5202018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$5,573
Liabilities-
Net Assets$5,573
Open 2017 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10K$5.0K$0-$5.0K-$10KRevenue 2014: $3,814Expenses 2014: $3,370Net Income 2014: $4442014Revenue 2015: $9,440Expenses 2015: $6,732Net Income 2015: $2,7082015Revenue 2016: $8,276Expenses 2016: $5,038Net Income 2016: $3,2382016Revenue 2017: $6,884Expenses 2017: $7,827Net Income 2017: -$9432017Revenue 2018: $3,673Expenses 2018: $8,726Net Income 2018: -$5,0532018Revenue 2019: $3,819Expenses 2019: $4,339Net Income 2019: -$5202019

Highlighted filing

2017

Revenue$6,884
Expenses$7,827
Net Income-$943
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 25, 2018
Return Version
2017v2.3
Gross Receipts
$9,964
Mission and Program Overview

Mission

The mission of Highlands Economic Development and Tourism Corp. is to create a well-balanced business environment and a better lifestyle for the residents of the New Jersey Highlands region, using the natural wonder within this area to promote tourism and economic development.

The mission of highlands economic development and tourism is to create a well-balanced business environment and a better lifestyle for the residents of the new jersey highland region, using the natural wonder within this area to promote tourism and economic development.

Program Services

DescriptionGrantsExpenses
PROMOTING THE NEW JERSEY HIGHLANDS REGION WITH A HOLIDAY LIGHTING CONTEST AND A SHOP LOCAL PROGRAM.-$6,021
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM WAGNERChairman-$0--
PAUL ZARRILLOVice Chairma-$0--
JON SHERWOODSecretary/Tr-$0--
JOHN RINGERSergeant At-$0--
Filing and Contact Details

Filer

Filer Name
Highlands Economic Development and
EIN
46-2342112
Address
126 AIRPORT ROAD, WEST MILFORD, NJ 07480

Signing Officer

Name
Tim Wagner
Title
Chairman
Phone
2018915668
Signed
2018-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Lota & Bernard LLC
Address
6 PROSPECT ST STE 3A, MIDLAND PARK, NJ 07432-1634
Preparer
Kathleen Bernard CPA
Phone
2014444411
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 371 meetings 122 insurance 959 business registrations 106 program expenses 1,350 charitable contributions 1,300 supplies 8 outside labor 340 total 4,556”

Form 990-ez, Part III

“The mission of highlands economic development and tourism is to create a well-balanced business environment and a better lifestyle for the residents of the new jersey highland region, using the natural wonder within this area to promote tourism and economic development.”

Raw XML Appendix140 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0TIM WAGNER
IRS990EZ/BooksInCareOfDetail/PhoneNum02018915668
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0126 AIRPORT ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST MILFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007480
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06516
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05573
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0560
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-943
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06516
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05573
IRS990EZ/FundraisingGrossIncomeAmt09404
IRS990EZ/GrossReceiptsAmt09964
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06516
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05573
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06516
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05573
IRS990EZ/OccupancyRentUtltsAndMaintAmt02400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL ZARRILLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JON SHERWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN RINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SERGEANT AT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04556
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF HIGHLANDS ECONOMIC DEVELOPMENT AND TOURISM IS TO CREATE A WELL-BALANCED BUSINESS ENVIRONMENT AND A BETTER LIFESTYLE FOR THE RESIDENTS OF THE NEW JERSEY HIGHLAND REGION, USING THE NATURAL WONDER WITHIN THIS AREA TO PROMOTE TOURISM AND ECONOMIC DEVELOPMENT.
IRS990EZ/PrintingPublicationsPostageAmt016
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTING THE NEW JERSEY HIGHLANDS REGION WITH A HOLIDAY LIGHTING CONTEST AND A SHOP LOCAL PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06021
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0455
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt03080
IRS990EZ/SpecialEventsNetIncomeLossAmt06324
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07827
IRS990EZ/TotalProgramServiceExpensesAmt06021
IRS990EZ/TotalRevenueAmt06884
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NJHEAT.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08813
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06827
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt033464
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt037331
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07827
IRS990ScheduleA/Total509Grp/TotalAmt037331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09964
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt09663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07827
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt037331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 371 MEETINGS 122 INSURANCE 959 BUSINESS REGISTRATIONS 106 PROGRAM EXPENSES 1,350 CHARITABLE CONTRIBUTIONS 1,300 SUPPLIES 8 OUTSIDE LABOR 340 TOTAL 4,556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MISSION OF HIGHLANDS ECONOMIC DEVELOPMENT AND TOURISM IS TO CREATE A WELL-BALANCED BUSINESS ENVIRONMENT AND A BETTER LIFESTYLE FOR THE RESIDENTS OF THE NEW JERSEY HIGHLAND REGION, USING THE NATURAL WONDER WITHIN THIS AREA TO PROMOTE TOURISM AND ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM WAGNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02018915668
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHLANDS ECONOMIC DEVELOPMENT AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TOURISM CORP
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0462342112
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 AIRPORT ROAD
ReturnHeader/Filer/USAddress/CityNm0WEST MILFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007480
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C122FB356325E11A13AE6C3DEA3D37F0CB68F2D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01C122FB356325E11A13AE6C3DEA3D37F0CB68F2D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.56.214.170
ReturnHeader/FilingSecurityInformation/IPDt02018-07-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:27:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203950314
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOTA & BERNARD LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 PROSPECT ST STE 3A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDLAND PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0074321634
ReturnHeader/PreparerPersonGrp/PhoneNum02014444411
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN BERNARD CPA
ReturnHeader/ReturnTs02018-07-02T09:27:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,573
Liabilities
-
Net assets
$5,573
Revenue
$6,884
Expenses
$7,827
Net income
-$943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0$0$3,819$4,339$520
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$520$520$3,673$8,726$5,053
2017Detailed filing. Detailed filing data is available for this year.$5,573$5,573$6,884$7,827$943
2016Summary only. Only limited summary data is available for this year.$6,516$0$8,276$5,038$3,238
2015Summary only. Only limited summary data is available for this year.$3,278$0$9,440$6,732$2,708
2014Summary only. Only limited summary data is available for this year.$570$0$3,814$3,370$444